- Analytics
- News and Tools
- Market News
- ECB deposit rate to reach 3.25% In Q2 – Reuters poll
ECB deposit rate to reach 3.25% In Q2 – Reuters poll
According to the latest Reuters poll of economists, the European Central Bank (ECB) is seen raising rates by another 50 basis points (bps) at its February monetary policy meeting while the policy rate is expected to reach 3.25% by mid-year.
Additional takeaways
They are likely to follow that up with another 50 basis point lift in March.
The central bank will then add 25 basis points next quarter before pausing, giving a terminal rate in the current cycle of 3.25%, its highest since late 2008.
In December's poll, the rate was put at 2.50% at end-March and was seen topping out at 2.75%.
Inflation will average 6.0% this year and 2.5% next but will be 2.0% across 2025.
The economy was now expected to grow 0.1% next quarter rather than a flatline. It is forecast to expand 0.3% in the following two quarters.
Related reads
- ECB's Rehn sees reasons for 'significant' interest rate increases before summer
- EUR/USD Price Analysis: Further upside needs validation from 1.0920
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
